Lebanese Republic

Workshop on Lebanon accession to Agadir Agreement

Tue 17 July 2018

Ministry of Economy and Trade organized a workshop on Lebanon’ accession to Agadir agreement with the cooperation the Technical Unit of Agadir Agreement at the Ministry’s headquarter in Beirut on July 12th & 13th 2018 to discuss the Agadir agreement; the importance of Lebanon’ accession in addition to the accession’ subsequent steps that shall be taken by concerned parties from both public and private sectors.

Overview of Agadir Agreement

  • Agadir pact was first launched in Morocco in May 2001 whereof Jordan, Tunisia, Egypt and Morocco expressed their will to establish a free trade area between them supported by the European Union.   
  • The four members countries signed the Agadir agreement in Rabat, Morocco in February 25th, 2004.
  • Agadir agreement came into force in July 6th, 2006 once the four members countries completed the ratification requirements.
  • The real implementation started in March 27th,  2007 after the publishing of customs circulars of the four member countries.

Agadir Agreement Aims

  • Foster the commercial exchange between the four countries, on one hand and between the four countries and the European Union on the other hand.
  • Increase the economic integration between the four countries (in particular the industrial integration) through the implementation of Pan Euro-Med Rules of Origin.
  • Attract European and world Foreign Direct Investments (FDI) through Agadir market which currently comprises more than 120 million consumer.
  • Apply the cumulation of origin concept between the agreement members countries.

Grain and Sugar Beets

Grain and Sugar Beets